Padcal mine - updates

Rappler's latest stories on Padcal mine

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Philex clears hurdle in Silangan mine in Mindanao

May 17, 2016 - 6:11 PM

The Silangan project is seen to start production in 2018 and become a key revenue generator for Philex after its Padcal mine closes in 2022

MINE SPILL. A Philex Mining staff checks the penstock at the tailing pond of the Padcal mine in Benguet. Photo from Philex

Philex ends 2015 with higher income despite lower metal prices

Feb 25, 2016 - 5:30 PM

However its metal gold and copper businesses in 2015 recorded lowest revenues over the last 5 years

CUSHIONING IMPACT. With pressure on metal prices, Philex Mining continues to manage costs and reduce expenses. Background image from Wikimedia

More than 400 Philex workers opt for voluntary retirement

Apr 07, 2015 - 7:39 PM

They account for 20 of the present workforce of Philex Mining which projects that its Padcal mines may last for only 5 years more

RETIREMENT PACKAGE. Philex Mining has offered a retirement program for employees nearing 50 years old in preparation for the time Padcal mines has to be closed. Photo from the Philex website

Philex posts 33.7% drop in Q1 net income

May 01, 2014 - 12:40 PM

Philex posts a 110 increase in its core net income in the first quarter of 2014 over last year but reports a drop in net income for the period

Philex to resume full Padcal operations soon?

Mar 03, 2014 - 6:17 PM

Philex completes the rehab and cleanup works required so it could fully operate its Padcal mine in Benguet

MINE SPILL. A Philex Mining staff checks the penstock at the tailing pond of the Padcal mine in Benguet. Photo provided by Philex

Philex eyes extension of Padcal mine life

Feb 24, 2014 - 7:38 AM

The company is exploring for viable deposits around its Padcal copper gold mine in Benguet in a bid to extend the mine s lifespan beyond 2020

MINE SPILL. A Philex Mining staff checks the penstock at the tailing pond of the Padcal mine in Benguet. Photo provided by Philex

Lower metal prices weigh on Philex profit

Nov 06, 2013 - 12:34 PM

The country s largest listed mining firm suffers a 29 decline in net income in the first 9 months of 2013

PROFITS DOWN. Philex net income for Jan-Sept was weighed down by lower metal prices. This photo shows a member of the firm's staff checking the penstock at the tailing pond of the Padcal mine in Benguet. Photo provided by Philex

Govt allows Philex to continue operations

Jul 05, 2013 - 6:54 PM

UPDATED The country s biggest gold producer is allowed to continue temporary operations in Benguet mountain province while regulators review rehabilitation plans for mine s damaged tailing dam

MINE SPILL. A Philex Mining staff checks the penstock at the tailing pond of the Padcal mine in Benguet. Photo provided by Philex

SSS hopeful govt will lift Philex mine suspension

Jul 01, 2013 - 5:12 PM

The state pension fund owns P18 B worth of shares in the mining firm

Philex asks govt to lift suspension order on Padcal

Jun 26, 2013 - 7:04 PM

The company filed a petition for the lifting of the suspension on June 21

BAN LIFT Philex said it has asked the government to lift suspension order on its Padcal mine site. Photo by Aya Lowe/Rappler

Philex wants more time to rehabilitate tailings pond

Jun 16, 2013 - 7:05 PM

The miner wants to operate its Padcal mine beyond the 4 month period earlier approved by government

MINE SPILL. A Philex Mining staff checks the penstock at the tailing pond of the Padcal mine in Benguet. Photo provided by Philex

Philex Q1 earnings down 68% due to Padcal closure

Apr 30, 2013 - 8:28 PM

Philex s Padcal mine was ordered closed in August 2012 due to a waste leak

LOW PROFIT. Philex Mining Corp. generated anemic growth in profit due to the suspension of its Padcal mine in Benguet. Photo by Philex

After Philex mine reopens, issues linger


Mar 13, 2013 - 1:08 PM

Having two government bodies approve Philex Mining s Padcal re opening summarizes the excessive bureaucracy in the Philippines

MINE SPILL. A Philex  Mining staff checks the penstock at the tailing pond of the Padcal mine in Benguet. Photo provided by Philex

Philex hopes to reopen Padcal next week

Feb 28, 2013 - 3:55 PM

Company chair Manuel Pangilinan says they may get permit from the Pollution Adjudication Board next week

MINE SPILL. A Philex Mining staff checks the penstock of the tailings pond of Padcal mine in Benguet. Photo courtesy of Philex

Philex ends 2012 with P295-M loss

Feb 28, 2013 - 12:14 AM

The closure of Padcal mine in Benguet and write offs of oil and coal assets pulled down the 2012 bottom line of the country s biggest extractive industry player

MINE SPILL. A Philex Mining staff checks the penstock of the tailings pond of Padcal mine in Benguet. Photo courtesy of Philex

One time, big time: Philex to pay P1-B in full

Feb 15, 2013 - 2:53 PM

UPDATED Philex agrees to pay the P1 034 billion government fine in full on February 18 a day before the deadline

MINE SPILL. A Philex Mining staff checks the penstock at the tailings pond of the Padcal mine in Benguet province. Photo provided by Philex

Philex to claim $25-M insurance after mine leak

Feb 09, 2013 - 5:05 AM

Philex Mining is set to collect US 25 million from Chartis Insurance Inc as part of its pollution insurance cover following its Padcal mine leak in August 2012

MINE SPILL. A Philex  Mining staff checks the penstock at the tailing pond of the Padcal mine in Benguet. Photo provided by Philex

Govt may allow Philex mine to reopen temporarily

Feb 07, 2013 - 9:09 AM

Mines and Geosciences Bureau Leo Jasareno says they are taking into serious consideration Philex’s request to be allowed to produce tailings and fill the void in its compromised pond for up to 4 months to prevent it from breaking again

MINE SPILL. A Philex Mining staff checks the penstock at the tailings pond of the Padcal mine in Benguet province. Photo provided by Philex

Philex seeks gov't nod to resume Padcal mine operations

Jan 17, 2013 - 5:13 PM

After shutting its copper gold mine in Padcal following a mine leak in August Philex Mining asks the government to allow it to temporarily resume operations so it could produce fresh tailings to fill the void in its waste treatment facility

MINE SPILL. A Philex  Mining staff checks the penstock at the tailing pond of the Padcal mine in Benguet. Photo provided by Philex

Philex submits rehab plan for Padcal mine

Nov 23, 2012 - 4:01 PM

The rehabilitation will pave the way for the resumption of the mine operations the company says

It's final: Philex to pay P1-B fine for Padcal spill

Nov 22, 2012 - 11:38 AM

DENR Secretary Ramon Paje says Philex s agrument that the spill was caused by force majeure is unacceptable

MINE SPILL. A Philex  Mining staff checks the penstock at the tailing pond of the Padcal mine in Benguet. Photo provided by Philex

Philex secures P2-B loan for Padcal, Silangan projects

Nov 10, 2012 - 3:14 PM

Pangilinan led Philex Mining secured a P2 1 billion loan to fund the capital expenditures of its Padcal mine in Benguet and its Silangan project in Surigao del Norte

Philex says may recommission broken tailings pond

Oct 11, 2012 - 9:09 PM

The company says recommissioning the pond will be the fastest way to resume the Padcal mine s operations

House probe on Philex mine leak pushed

Oct 10, 2012 - 7:30 PM

The resolution directs the House Committees on Natural Resources and on Ecology to conduct a joint onsite investigation on the environmental and socio economic impact of the Padcal mine spill

#WhyMining: A Twitter discussion on Philex's P1-B fine

Oct 04, 2012 - 9:36 PM

Join the WhyMining online discussion on Friday October 5 for a Twitter conversation on the over P1 billion fines imposed on Philex Mining for the tailings pond leakage in its Padcal mine

Philex asks to move deadline for P1-B mine leak fine

Oct 03, 2012 - 1:24 PM

Philex Mining Corp asked the Mines and Goesciences Bureau for a 7 day extension for the filing of its comment on the P1 034 billion fine imposed on the Padcal mine leaks

Philex faces possible cancellation of ECC

Oct 02, 2012 - 12:47 PM

Philex receives notice from the EMB informing it of the possible penalties for violating its ECC which also include up to P50 000 fine

Philex mine leak impact 'severe and substantial' - MVP

Sep 21, 2012 - 10:43 AM

The Padcal mine leak not only affected Philex bottomline for 2012 but also the entire mining industry

San Roque Dam out of danger from Philex leak

Sep 06, 2012 - 4:17 PM

The Department of Environment and Natural Resources says the dam is now safe from being contaminated by silt coming from Philex s Padcal mine

Philex faces 'initial' P325-M fine for mine spill

Aug 16, 2012 - 12:24 PM

The amount represents penalty under the Mining Act and does not include fines that may be imposed for violations of the Clean Water Act and the company s Environmental Compliance Certificate

Philex defers mine acquisitions after Padcal closure

Aug 09, 2012 - 3:41 PM

Philex chairman Manuel Pangilinan says they don t want to go into a new investment without fixing the problem at the Padcal mine

Philex mine waste spill contained

Aug 04, 2012 - 12:18 PM

But government says the mine will remain closed until the safety and integrity of its tailings pond is assured

Philex loses P40-M per day due to closed mine

Aug 04, 2012 - 12:13 PM

Regulators orders the company to shut down its mine in Benguet province after heavy rains caused its tailings pond to spill